Keystone Realtors Limited
ListedMainboardReal Estate / Construction & Development · NSE / BSE
Incorporated in 1995, Keystone Realtors Limited is a prominent real estate developer in India engaged in construction, development, and related activities. As of June 30, 2022, the company had 32 completed projects, 12 ongoing projects, and 21 forthcoming projects across the Mumbai Metropolitan Region under the Rustomjee brand, covering affordable, mid, aspirational, premium, and super-premium segments. Keystone Realtors has developed 20.22 million sq. ft. of residential buildings, gated estates, townships, corporate parks, retail spaces, schools, and iconic landmarks. The company follows an integrated real estate development model encompassing land identification, planning, design, construction, marketing, and sales, and engages in joint development agreements, redevelopment agreements, and slum rehabilitation projects to optimize capital investment. To date, Keystone Realtors has developed over 280 buildings, serving more than 14,000 families.
Price Band
₹514 – ₹541
Issue Size
₹635 Cr
Lot Size
27 shares
GMP
₹4
+0.7%
Est. Listing
₹545
at current GMP
Subscribed
2.01x
overall
Open
14 Nov 2022
Close
16 Nov 2022
Allotment
21 Nov 2022
Refund
22 Nov 2022
Demat Credit
23 Nov 2022
Listing
24 Nov 2022
Last updated 11 months ago
Key Highlights
- •Leading player in the Real Estate / Construction & Development segment
- •Price band established at ₹514 - ₹541 per equity share
- •Minimum bid lot is 27 shares
- •Estimated listing target of ₹545 based on current grey market activity